Corporate Learning Management System
Features, Benefits and Platforms
Having 9-year experience in implementing learning management systems, ScienceSoft offers consultancy and end-to-end implementation of corporate LMS.
Corporate LMS: the Essence
A corporate learning management system is designed to help companies deliver tailored training to their employees, customers, and partners. 89% of organizations already use LMS for corporate training, and the global corporate eLearning market is expected to reach $50 billion by 2026.
A robust corporate LMS is usually characterized by multi-tenancy, mobile access and custom branding and offers such functionality as learning content creation, personalized learning paths, learning performance tracking, certification management, and more. For max effectiveness, corporate LMS software should integrate with CRM, HRMS, BI, ecommerce, collaboration software, and more. LMS implementation costs range from $90,000 to $300,000+ depending on the project scope.
Core Features for Your LMS Solution
Selecting and prioritizing LMS features can be challenging. Having developed eLearning software for companies with varying needs, we can advise on must-have features that will form the basis of a robust LMS solution.
leverage Corporate LMS Integrations
ScienceSoft will smoothly integrate your corporate LMS with other digital tools used by your employees (e.g., CRM, BI, ecommerce software) to streamline business processes, allow you to make the most of your LMS solution and increase its ROI.
Success Factors for Corporate LMS Implementation
As an experienced LMS consultant, ScienceSoft knows how to make the most of corporate LMS. Below, we've outlined the key factors, which if covered, help maximize corporate LMS ROI.
Scalability to support changing and growing learning needs of a large organization with thousands of employees and other members of an enterprise’s learning network like customers and partners. |
Intuitive UI to ensure simple and convenient LMS use by learners and management by administrators. |
24/7 availability to enable learners to access LMS at any time and any place (including on-the-job training) using any device, including offline mobile access. |
Support of video conferencing tools to arrange online training and live events as well as record video lessons to create courses. |
Support of multimedia (e.g., video, animation, graphics) and advanced technology (e.g., AI, AR, VR) to bring learners personalized, engaging and impactful learning experiences. |
Gamification to encourage users to succeed in learning. |
Robust reporting to collect various metrics from learners’ performance to engagement and visualize them via charts and graphs, which creates full visibility into corporate training. |
Strong data security to prevent unauthorized access, modification and deletion of courses, reports, and learners’ records. |
Compliance with eLearning technical standards like SCORM and xAPI to ensure LMS compatibility with third-party eLearning software and learning content. |
Costs and ROI
The implementation costs of a corporate LMS solution range from $90,000 to $300,000+ depending on software complexity, the number of users and their locations, multilingual support, historical eLearning data migration, the scope of integrations, use of AI and immersive technologies, and more.
Want to know the cost of your future corporate LMS?
Key financial outcomes
Corporate LMS can bring diverse benefits to a business due to improving employee knowledge, skills, and policy awareness and educating partners and customers on products or services via personalized and interactive training:
Employee training
- +30–60% employee productivity.
- -40-60% training time as compared to traditional training methods.
- +25-60% knowledge retention.
- +20% employee engagement.
- Up to 92% employee retention.
- +200% company income per employee as compared to companies that don’t offer corporate training.
Customer training
- Reduced customer support costs.
- Increased customer onboarding.
- Improved engagement with a company’s products or services.
- Increased customer retention.
- Higher Net Promoter Score.
Partner training
- Reduced partner support costs.
- Increased sales.
- Increased partners’ engagement and retention.
Corporate LMS implementation can show the following economic impact:
How to Choose Corporate LMS
With multiple LMS offers on the market, choosing a best-fitting one is always difficult. To facilitate the task, we leverage our ample experience in LMS solutions and explain what you need to consider before making a final decision:
- To increase the LMS ROI, make sure you have a solid training strategy including approaches for different user groups and learning materials in place.
- Consider the skills of your L&D team and choose an LMS that will help them utilize their experience and know-how, for example, by developing trainings that involve game mechanics, complex branching scenarios, VR/AR technology, and more.
- Pay attention to the support services that will come with your LMS package. You need to be sure you have 24/7 access to the vendor’s assistance in troubleshooting LMS issues and making the most of your new LMS capabilities.
- Leverage free trials that are offered by most LMSs:
- Test scenarios that your LMS users will surely encounter in the system, for example, upload training materials or try to create your own tests and courses in the LMS editor.
- Pay attention to the LMS interface. Is it easy to understand how to add users or assign content to them? Intuitive LMS interface is a must-have, otherwise, you’ll spend much time mastering the system and training learners to use it.
- Test the LMS under load to check how the LMS handles it. Upload materials of different sizes and formats (e.g., SCORM courses, video lectures) that you expect to use in your LMS.
Corporate LMS Products We Recommend
SharePoint LMS
Rating
4.21/5 by Software Advice (Gartner)
Best for
Learning content creation and management, automation of learning processes (e.g., enrolling to a course, learning assessment).
Pricing
Upon request to a vendor. SharePoint subscription plans start at $5 user/month.
TalentLMS
Rating
4.66/5 by Software Advice (Gartner)
Best for
Creating and selling courses, learning assessment management.
Pricing plans
- Free.
- Starter – $59/$79/month (billed yearly/monthly).
- Basic – $129/$159/month (billed yearly/monthly).
- Plus – $249/$329/month (billed yearly/monthly).
- Premium – $429/$529/month (billed yearly/monthly).
LearnUpon
Rating
4.84/5 by Software Advice (Gartner)
Best for
eLearning reporting and analytics (e.g., learning progress, exam results, training history); learner engagement due to rich gamification features.
Pricing plans
- Basic – €699/month.
- Essential – €1,249/month.
- Premium – €1,999/month.
- Enterprise – Upon request to a vendor.
Boxed LMS vs. Custom LMS: Comparison
When Custom Corporate LMS Is Your Best Choice
Commercial platforms for LMS won’t necessary meet all your business needs. At ScienceSoft, we stick to a personalized approach to each particular customer’s case, but our general recommendation is to consider custom LMS development when you need to:
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Implement custom branding to nurture a sense of integrity and loyalty in your employees, customers and partners. |
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Design personalized eLearning scenarios for training specific practical skills (e.g., interviewing candidates, onboarding new hires, communicating with customers, using or promoting your products or services). |
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Create custom LMS user roles (e.g., Calendar Editor - adding course events to the calendar, Learning Plan Supervisor - creating learning plans for learners). |
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Implement extra-level security (e.g., AI-driven security) to adhere to compliance regulations like GDPR or HIPAA. |
Corporate LMS Implementation with ScienceSoft
With 35 years in software development and 9 years in the development of corporate learning software, ScienceSoft offers enterprise LMS consulting and implementation services.
Corporate LMS consulting
- Analyzing your company’s learning needs and the audience (employees, partners, customers, etc.) of your future LMS solution.
- Defining technical requirements for corporate LMS.
- Choosing an optimal set of features and a tech stack for the project.
- Designing LMS architecture.
- Defining key LMS integrations (e.g., CRM, HRMS, BI, ecommerce, collaboration software).
- Advising on UX and branded UI of corporate LMS.
- Elaborating on a project plan and an LMS user adoption strategy.
Corporate LMS implementation
- Corporate LMS implementation consulting.
- LMS project planning.
- LMS architecture, UX and UI design.
- Web and mobile LMS development.
- Integration with CRM, HRMS, BI, ecommerce, collaboration software, etc.
- Quality assurance and user training.
- Continuous LMS support and evolution.
What makes ScienceSoft different
We achieve project success no matter what
ScienceSoft does not pass mere project administration off as project management, which, unfortunately, often happens on the market. We practice real project management, achieving project success for our clients no matter what.
About ScienceSoft
ScienceSoft is a global IT consulting and software development company headquartered in McKinney, Texas. We offer LMS advisory, implementation, evolution and support services to bring effective training to enterprise employees, customers, and partners. Being ISO 9001 and ISO 27001 certified, we guarantee high-quality IT services and the security of our clients’ data. If you are interested in corporate training software, check our LMS consulting offer.